This bill amends Minnesota Statutes 2024, section 290.0132, by adding a new subdivision that addresses the taxation of wages during a shutdown period. Specifically, it states that wages paid during this period, on which no tax is deducted and withheld, will be considered a subtraction for tax purposes. Additionally, the bill introduces a new section, 290.994, which defines a "shutdown period" as the time starting on July 1 of an odd-numbered year when no legislation has been enacted to appropriate funds for the general operations of certain government divisions, including executive agencies, legislative offices, and judicial branch departments.

Furthermore, the bill stipulates that no tax shall be deducted from wages paid during a shutdown period or for ten days following it. It also prohibits the imposition of consumption taxes on activities or transactions occurring during the shutdown period or for three days thereafter. Both sections of the bill are set to take effect the day after final enactment.

Statutes affected:
Introduction: 290.0132